240 South Ave 24

Los Angeles, CA 90031

$835,000
Last Sold Price
4
Beds
2
Baths
1,330 Sq. Ft.
$628 / Sq. Ft.
1,330
Sq. Ft.
$628
per Sq. Ft.

Description

Two charming legal units delivered 100% VACANT in the trendiest part of booming Lincoln Heights! Located in the heart of it all just one block south of the adorable coffee shops and restaurants on N Broadway this versatile property has much to offer! Two distinct and perfectly appointed units with separate entrances offer a unique opportunity for multigenerational living, passive income or a phenomenal investment portfolio addition in an area that is off the charts with rapidly increasing value growth!...Two charming legal units delivered 100% VACANT in the trendiest part of booming Lincoln Heights! Located in the heart of it all just one block south of the adorable coffee shops and restaurants on N Broadway this versatile property has much to offer! Two distinct and perfectly appointed units with separate entrances offer a unique opportunity for multigenerational living, passive income or a phenomenal investment portfolio addition in an area that is off the charts with rapidly increasing value growth! Both units are spacious, super private and totally move in ready! The downstairs unit offers a comfortable living space with 2 bedrooms, 1 bathroom, a full kitchen, and a spacious living room. The upstairs unit has its own private entrance, boasting 2 bedrooms, 1 bathroom, and a sunny kitchen / lounge area. In addition there's an expansive backyard courtyard area that offers additional value to the occupants and could be great for lounging / entertaining, pets or future expansion. Each unit benefits from off street parking and separate electric meters. All situated in the vibrant, culturally rich and ever evolving Lincoln Heights neighborhood, this type of gem doesn't come along too often!
  1. Listed by Jessica Romero • DRE #01920921 • Brokerage DRE #01444805 • Keller Williams Realty • 626-414-7464

Property Details for 240 South Ave 24

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
Ductless
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1330
LISTING UPDATED: 11/08/2024 07:24 AM

Property Details for 240 South Ave 24

StatusClosed
MLS #AR24134360
Days on Market80
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1972
Lot Size0.06 AC / 2,720 SF
CountyLos Angeles County

Virtual Tour

Building Information for 240 South Ave 24

Stories2Year Built1972Building Size-Lot Size0.06 AC / 2,720 SF

Property Information for 240 South Ave 24

Income / Expense / Tax Details
Income Details
  • Financing: Conventional
Tax / Assessment Info
  • Tax Block: 11
  • Tax Tract Number: 0
  • Tax Census Tract: 1997.00
  • CFD/Mello-Roos Fee: $230
  • Tax Lot: 20
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Refrigerator
  • Equipment: Refrigerator, Gas Range
  • Interior Features: Granite Counters
  • Room Type: Living Room
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Eating Area: Area
  • Laundry: Yes
  • Laundry Features: Inside
  • Laundry Location: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Ductless
  • Heating Type: Ductless
  • Heating: Ductless
  • Floor Coverings: Tile
  • Flooring: Tile
Exterior Features
  • Entry Location: Front door
  • Structure Type: House
  • View Description: None
  • Patio: Yes
  • Patio: Concrete
  • Patio And Porch Features: Concrete
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Yard
  • Lease Considered: Yes
  • Available For Lease: Yes
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Parking Non-Garage: Driveway
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 240 South Ave 24

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 240 South Ave 24

Taxable ValueLand$587,520Additions$146,880Total$734,400
Tax Record2024$9,040 ($753 / month)
Home Facts
Beds3Total Finished SqFt1,190 SqFtAbove Grade Finished SqFt1,190 SqFtStories2Lot Size2,720 SqFtStyleSingle Family ResidenceYear Built1972ZoningLARD1.5CountyLOS ANGELESAPN5204-005-029

Schools near 240 South Ave 24

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Albion Street Elementary School
PublicK to 6

Luther Burbank Middle School
Public6 to 8

Florence Nightingale Middle School
Public6 to 8

Abraham Lincoln Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Jessica Romero, DRE #01920921

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.